What is the Pool?
The Tankers International Pool is an independent entity created to offer Owners and Customers the advantages of a large scale operation.
Why was it created?
World economic growth is dependent on availability of reliable and affordable energy. Oil is a vital source of that energy and some 40% of oil reaches its market by ship.
The Tankers International VLCC Pool was created in 2000 to provide a premium shipping service. Working in partnership with its members and customers it delivers crude oil safely and efficiently for the global energy industry.
What makes it work?
The Pool has built a reputation for professionalism, trustworthiness, flexibility and service. We believe that commitment, communication and creativity are fundamental to the Pool's success. The participants share a belief in the "Pool" concept with its emphasis on transparency and timely reporting. They benefit from the experience of the strong independent commercial team which works to utilise vessels to best advantage. Creative scheduling solutions, bespoke IT systems and motivated professional employees at all levels guarantee top quality service to our customers and competitive returns to the Pool.
The TI Pool will always welcome new participants, provided they have proven high standards of ship management and their vessels meet the stringent criteria set for membership. The current Members are:
Euronav NV Euronav is one of Continental Europe's leading independent crude oil tanker companies with offices in Antwerp, London, Piraeus and Nantes. Prior to its demerger in 2004, Euronav was the crude oil tanker division of CMB SA, the former national shipping line of Belgium founded in 1895. Visit: www.euronav.com
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Overseas Shipholding Group Inc. OSG is widely recognised as one of the world's largest and most customer focused marine transportation companies providing high quality tonnage and value-added service from its offices in Athens, London, Manila, Newcastle, New York and Singapore. Visit: www.osg.com
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Reederei "NORD" Klaus E. Oldendorff Oldendorff is a well established, family-owned, international shipowning and shipmanagement company with offices in Cyprus and Germany. Visit: www.rnkeo.com
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Korea Line Corporation Established in 1968, and with its shares listed on the Korean Stock Exchange since 1992, Korea Line Corporation is one of the largest specialised ship operators in Korea. It operates a fleet of liquefied natural gas carriers, dry cargo, product and crude oil tankers from its offices in Korea, Japan, China and Singapore. Visit: www.korealines.co.kr
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Oak Maritime (HK) Inc., Ltd. The Oak Maritime Group is one of the leading shipping companies with interests in dry cargo bulkers and oil tankers. The Group is represented through its affiliated offices. The principal office, Sincere Navigation Corporation, is a publicly-owned company based in Taiwan. General management is coordinated through Oak Maritime's office in Hong Kong.
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Petroliam Nasional Bhd Petronas is Malaysia's Government-owned, national petroleum corporation with responsibility for developing the country's oil and gas reserves. The Group is engaged in a wide spectrum of oil and gas related activities, which includes shipping as well as upstream oil and gas exploration and production and downstream oil refining. Visit: www.petronas.com.my
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Sanko Line Sanko is one of the Japan's oldest shipping companies with its origin dating back more than half a century. Visit: www.sankoline.co.jp
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Songa Shipping Pte Ltd Songa Shipping Pte Ltd is a wholly-owned subsidiary of the Arne Blystad AS group, a family controlled company started in Norway in the late 1940s which has diverse investments, most of which are in the shipping and energy sector. It has an extensive newbuilding programme with more than 20 vessels due for delivery by 2010. Visit: www.blystad.com
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Wah Kwong Shipping Group Based in Hong Kong, Wah Kwong is a privately-owned company founded in 1952 The company is active in the gas, chemical, dry bulk and oil tanker markets.
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